Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 11.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,681 shares of the business services provider’s stock after selling 1,352 shares during the period. SG Americas Securities LLC’s holdings in Verisk Analytics were worth $2,292,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. lifted its stake in shares of Verisk Analytics by 1.2% in the 4th quarter. BlackRock Inc. now owns 11,684,093 shares of the business services provider’s stock valued at $2,672,505,000 after purchasing an additional 142,747 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Verisk Analytics by 2.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,302,061 shares of the business services provider’s stock valued at $1,670,200,000 after purchasing an additional 144,892 shares in the last quarter. State Street Corp raised its holdings in shares of Verisk Analytics by 0.9% during the 4th quarter. State Street Corp now owns 6,897,297 shares of the business services provider’s stock valued at $1,577,619,000 after buying an additional 60,460 shares during the period. Geode Capital Management LLC raised its holdings in shares of Verisk Analytics by 11.2% during the 4th quarter. Geode Capital Management LLC now owns 3,415,064 shares of the business services provider’s stock valued at $779,419,000 after buying an additional 344,057 shares during the period. Finally, Brown Advisory Inc. raised its holdings in shares of Verisk Analytics by 13.8% during the 4th quarter. Brown Advisory Inc. now owns 2,991,164 shares of the business services provider’s stock valued at $684,171,000 after buying an additional 363,006 shares during the period. 91.29% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $184.78 on Monday. Verisk Analytics, Inc. has a twelve month low of $156.05 and a twelve month high of $231.57. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $29.18 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 3.17 and a beta of 0.84. The business has a 50 day simple moving average of $172.28 and a 200-day simple moving average of $189.53.

Verisk Analytics (NASDAQ:VRSKGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.05). Verisk Analytics had a net margin of 32.92% and a return on equity of 32.10%. The firm had revenue of $775.50 million during the quarter, compared to the consensus estimate of $773.79 million. During the same quarter last year, the firm posted $1.23 earnings per share. Verisk Analytics’s revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 5.7 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Wednesday, June 15th were given a dividend of $0.31 per share. The ex-dividend date was Tuesday, June 14th. This represents a $1.24 dividend on an annualized basis and a yield of 0.67%. Verisk Analytics’s dividend payout ratio is currently 20.06%.

Insider Activity at Verisk Analytics

In related news, Director Christopher M. Foskett sold 2,888 shares of the business’s stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $168.18, for a total transaction of $485,703.84. Following the completion of the transaction, the director now owns 30,548 shares in the company, valued at approximately $5,137,562.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Christopher M. Foskett sold 2,888 shares of the business’s stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $168.18, for a total transaction of $485,703.84. Following the completion of the transaction, the director now owns 30,548 shares in the company, valued at approximately $5,137,562.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Samuel G. Liss sold 4,039 shares of the business’s stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $170.00, for a total value of $686,630.00. Following the transaction, the director now owns 64,212 shares of the company’s stock, valued at approximately $10,916,040. The disclosure for this sale can be found here. Insiders sold 182,028 shares of company stock worth $31,572,586 in the last 90 days. 1.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on VRSK shares. Deutsche Bank Aktiengesellschaft dropped their target price on Verisk Analytics from $255.00 to $226.00 in a report on Thursday, May 5th. UBS Group raised their target price on Verisk Analytics from $197.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, April 19th. Royal Bank of Canada dropped their target price on Verisk Analytics from $227.00 to $210.00 and set an “outperform” rating on the stock in a report on Wednesday, June 29th. BMO Capital Markets dropped their target price on Verisk Analytics from $225.00 to $205.00 and set a “hold” rating on the stock in a report on Thursday, May 5th. Finally, Barclays dropped their price objective on Verisk Analytics from $220.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, July 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $216.80.

About Verisk Analytics

(Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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